South Sudan economist nominated for Central Bank governor – sources

JUBA – Renowned South Sudan economist and former deputy national minister of finance John Dor Majok has reportedly been nominated to replace the country’s Central Bank governor who has been blamed for the failure of the economy even after the signing of the peace agreement.

Sources said Kiir would make ‘limited’ reshuffles in the country’s economic institutions this or the coming weeks including the ministry of finance.

The latest development comes a day after a senior government official announced that the country’s bank had dried up of hard currency.

“The President has nominated the former deputy governor of Central Bank. He is likely to make reshuffles in all financial institutions in the Republic of South Sudan this week or next week,” a senior government official told Sudans Post from the capital Juba this afternoon.

Majok served as deputy Central Bank governor from 2011 to 2017.

He previously served as governor of Unity state prior to South Sudan’s independence.

A well-educated technocrat, Majok has served in several capacities in the world’s youngest country and in Sudan.